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Technology Stocks : BAY Ntwks (under House) -- Ignore unavailable to you. Want to Upgrade?

To: Bosco who wrote (4747)	3/17/1998 5:34:00 PM
From: Paul Fine	Read Replies (2) \| Respond to of 6980

Just my two cents. This is another example of hype overshadowing reality. I posted a question last week: Is the promotion of free Accelar 1200 for trial period a new promotion and are they actually selling any. No one responded, but it would now appear that the sales revs of the line are well behind expectations. For anyone keeping track, the last two weeks(inc. the drop to $24 after market today) is as bad as any two weeks we have seen, even under the old regime. The question is will the stock follow the 1996 pattern down to the middle teens, or bottom in the low $20's in anticipation of the next quarter. The critical issue will be mgmts credibility, given the magnitude of the shortfall vs. expectations. I swore to myself that I would not ride this mule down again and thought to put in sell-stops when it got over $33. However, I was out of town the first week of March and thought I had lost my chance. The lesson with Bay is apparently it is never too late to sell, and it is usually too early to buy. Happy St. Patrick's Day- I am certainly looking a little green. Paul